MPI » Do The Math

Anyone who has ever researched the costs associated with attending traditional learning institutions will be well aware of the huge financial burden posed by tuition fees. Some learning institutions even charge students additional registration fees just to renew their enrollment each semester. The accumulation of these costs often leaves students in tens of thousands of dollars of debt just so they can obtain a diploma. Students wishing to pursue bachelor degrees will accumulate debt that is well in excess of $100,000. While financial aid may be available via government guaranteed student loans, it is worth remembering that these loans still need to be repaid. Any missed repayments after graduation will result in the student being contacted by the relevant collection agency. It is therefore extremely important that students give careful consideration to the type of learning experience that they wish to pursue prior to signing on the dotted line. Table 1 below contains the approximate costs of obtaining a bachelors degree in a Music Technology related field. Table 2 contains the actual cost of obtaining a diploma or certificate. Do the math!!!

Table 1

School Name	Duration	Program Name	Approx. Cost
1. Carnegie-Mellon	Four Years	Bachelor of Science of Music Technology	$230K
2. Berklee	Four Years	Music Production and Engineering Major	$199K
3. Lebanon Valley College	Four Years	Music Recording Technology	$172K
4. NYU	Four Years	Music Technology Major	$172K
5. Georgia State University	Four Years	Bachelor of Music of Music Technology	$160K
6. University of Miami	Four Years	Commercial Music and Production Major	$166K
7. Ball State University	Four Years	Music Media Production and Industry Program	$144K
8. Bon University	Four Years	Bachelor of Science in Music Technology	$136K
9. Virgina Tech	Four Years	Music Technology Major	$128K
10. Indiana University	Four Years	Bachelor of Science in Recording Arts	$124K

Table 2

School Name	Duration	Program Name	Approx. Cost
1. Full Sail	Varies	Recording Arts	$78,000
2. SAE Institute	900 Hours	Audio Technology	$23,150
3. Institute For Audio Research	900 Hours	Audio Recording Program	$17,400
4. NYU	Four Years	Music Technology Major	$172K
4. Berkleemusic (Online)	12 Weeks	Master Certificate in Music Production	$16,800
5. UCLA Extension (Online)	One Semester	Production Diploma	$6,000
6. NYU (High School Students)	Two Weeks	Summer Institute of Music Technology	$3,400